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MacroBusiness
Monday, March 31, 2025 - 12:30
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As we know, the Albanese government is an inveterate liar on most matters of economics. Today, he adds to the ignominious record. Albanese said the Australian Domestic Gas Security Mechanism, which enables the government to pressure exporters to release more domestic gas when needed, was working sufficiently. “The spot price is at $13. When we The post Albo protects gas cartel with more lies appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 12:00
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With the federal election campaign in full swing and voters heading to the polls on Saturday 3 May, the first batch of opinion polling has Labor leading the Coalition and Anthony Albanese ahead of Peter Dutton as preferred prime minister. According to a Resolve Political Monitor poll conducted by Nine newspapers, Albanese leads Dutton by The post Albo’s Labor takes early election lead appeared first on MacroBusiness. |
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MacroBusiness
Monday, March 31, 2025 - 11:30
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Alan Kohler produced an explainer video for ABC where he summarised Australia’s housing crisis with the following: “We know that dwelling approvals have been in trend decline for 10 years”. “We also know that population growth has been climbing for 20 years driven by a doubling and then tripling of migration”. “This is why we The post Why Australia has a housing crisis appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 11:00
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The Market Ear on some worrying signals for the bubble. Mother of all trend lines Does this look bullish to you? Big rejection as we tested the 200 day and the huge trend line from below. 50 crossed the 100 day, marking the “light” death cross. NDX 19k is the must hold area. Source: Refinitiv The post Stock bubble ready to burst appeared first on MacroBusiness. |
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xkcd.com
Monday, March 31, 2025 - 11:00
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Renew Economy
Monday, March 31, 2025 - 10:57
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MacroBusiness
Monday, March 31, 2025 - 10:30
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The Q4 Australian Bureau of Statistics (ABS) national accounts, released earlier this month, showed that the economy edged out of per capita recession after recording 0.1% growth over the quarter. This followed 21 months of consecutive declines in per capita GDP. The Melbourne Institute’s latest nowcast for Australia’s Q1 GDP growth, presented below by Justin The post Australian economy grinds out of recession appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 10:00
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Before the pandemic, Australia had easily the highest concentration of international students in the world. The international student population has continued to surge post-pandemic, with enrolments hitting a record high of 1.095 million in December 2024. Enrolments at end-December 2024 were 143,000 higher than the 2019 pre-pandemic peak and more than triple (749,000) higher than |
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MacroBusiness
Monday, March 31, 2025 - 09:30
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I hope the fake left still loves its ABC because it sure doesn’t love them. Jacob Greber is a graduate of the AFR businessomics school of journalism, and he lines up the single most biased piece of junk journalism on the gas debate that I can recall. Is Saul Kavonic, former strategic advisor at Woodside, The post Your ABC turns gas cartel lobbyist appeared first on MacroBusiness. |
Renew Economy
Monday, March 31, 2025 - 09:10
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MacroBusiness
Monday, March 31, 2025 - 09:00
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Good news was bad news for risk markets on Friday night as the April 2 deadline looms with Trump’s call with PM Carney presenting no change in the deadlock as the Canadians announce retaliatory tariffs. The latest US PCE print came in better than expected, but this wasn’t enough to pull USD back against Euro The post Macro Morning appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 07:58
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CoreLogic’s daily dwellings value index shows that Australian home values across the five major capital cities rose for a second consecutive month, increasing by 0.4% in March. As illustrated above, all major capital city markets recorded rising values in March. Over the first quarter of 2025, values at the 5-city aggregate level rose by 0.5%, The post Aussie house prices rise for second straight month appeared first on MacroBusiness. |
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Your Democracy
Monday, March 31, 2025 - 07:49
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Trump says 'very angry' with Putin over Ukraine truce talksKieran Burke with dpa, ReutersAmerican broadcaster NBC reported Trump was "pissed off" with Putin over Ukraine and threatened to hit Moscow with secondary tariffs on Russian oil. |
Your Democracy
Monday, March 31, 2025 - 06:55
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The EU will not fulfill Russia’s demand to lift sanctions on the country’s main agricultural bank as part of the Black Sea ceasefire initiative discussed between Moscow and Washington, European Commission Foreign Affairs spokeswoman Anitta Hipper has said. |
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John Quiggin
Monday, March 31, 2025 - 05:44
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Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. |
MacroBusiness
Monday, March 31, 2025 - 00:05
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Geoff Russ from Canada’s National Post penned a cautionary tale on how out-of-control immigration has degraded Canada’s economy and living standards. The immigration influx, which drove a record 1.2 million increase in Canada’s population in 2023-04, “rocked Canada”, according to Russ: Immigration-driven demand for housing and services vastly outstripped the supply of both, resulting in |
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Your Democracy
Sunday, March 30, 2025 - 17:14
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People like Dominic Cummings, chief advisor to former UK Prime Minister Boris Johnson, have a habit of revealing things we’re not supposed to know about how government operates. They often expose the motives and acts of what many these days call the deep state.
The Deep State Revelations CERCLE by IAIN DAVIS, INDEPENDENT MEDIA ALLIANCE, OFFGUARDIAN
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Your Democracy
Sunday, March 30, 2025 - 15:54
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YOUNG AND OLD PEOPLE OUT THERE MAY NOT KNOW OR MAY NOT REMEMBER NATION REVIEW — A SHORT-LIVED MAGAZINE WITH A VERY IMPORTANT ROLE… ONE OF ITS EDITORS WAS JOHN HEPWORTH… |
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MacroBusiness
Sunday, March 30, 2025 - 12:49
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DXY is down. AUD too. Lead boots going nowhere. Gold appears to be the new everything safe haven. Be careful if stocks turn margin call. Copper is delusional. Other metals fading fast. Big miners down. EM ouch. Junk stressy not enough. Yields fell. Stocks monstered. The AUD short is protecting the downside as the Bessent The post Australian dollar taken hostage by Elon Musk appeared first on MacroBusiness. |
THE BLOT REPORT
Sunday, March 30, 2025 - 11:43
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Everybody except those living under a bush know that Diversity, Equity and Inclusion (DEI) policies and processes have been in the firing line of Trump’s uncontrolled assault on US democracy. This has manifested itself in numerous ways, with pressure being brought to bear on numerous organisations and businesses to dump their DEI policies. However, this foaming at the mouth attitude to DEI has reached levels which demonstrate how petty and childish the Trump regime is; and how they are driven by racism and misogyny. |
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Your Democracy
Sunday, March 30, 2025 - 11:13
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U.S. President Donald Trump’s latest defiance of the courts — this time refusing to follow an appellate judge’s order to halt migrant deportations — has triggered another round of liberal outrage. Critics are calling it an authoritarian move, a blatant assault on the rule of law, and a warning sign that American democracy is on its last legs. |
MacroBusiness
Sunday, March 30, 2025 - 09:43
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The Australian housing market is losing momentum following the stimulus bounce after the Reserve Bank of Australia’s (RBA) 0.25% interest rate cut in February. The weekend’s auction market recorded a preliminary clearance rate of 66.1%, which, according to CoreLogic, was the lowest outcome since the week prior to the rate cut (65.0% over the week The post Stalling housing market awaits second rate cut appeared first on MacroBusiness. |
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Your Democracy
Sunday, March 30, 2025 - 08:58
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America’s librarians elected a Marxist to represent them and staked their reputation on providing explicitly sexual material to kids. It’s no surprise the Trump administration is pulling federal funding.
BY MARK HEMINGWAY
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Renew Economy
Sunday, March 30, 2025 - 08:25
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Renew Economy
Sunday, March 30, 2025 - 08:24
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Your Democracy
Sunday, March 30, 2025 - 08:17
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Environmentalists have failed to transform the underlying social values that drive environmental destruction. Fifteen companies produce 30% of Australia’s greenhouse gases. Mountains provide 60% of our fresh water, but not for much longer.
Environment: Humans’ contempt for the natural world drives environmental destruction By Peter Sainsbury
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MacroBusiness
Sunday, March 30, 2025 - 07:00
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Peter Dutton’s call for East Coast Australia to start reserving gas has drawn the usual vested interest shrieking in your mainstream media. Most of it is utterly incoherent, and all of it creates a look suggesting that socially progressive media outlets love waking up with multinational capital and gas alongside them in the bed. Welcome The post Australian media rejects gas reservation, backs cartel appeared first on MacroBusiness. |
Your Democracy
Sunday, March 30, 2025 - 06:00
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MacroBusiness
Saturday, March 29, 2025 - 23:10
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Merchant.adventurers.of.london · DeepTandMisterG MB Radio 28 March 2025 After the announcement Australia would be going to the polls on Friday 28 March 2025, Deep T spoke about Australia’s economic structure and economic backdrop to the 2025 Federal election. Looking closely at the the announcement of a gas reservation policy should the LNP gain power, and |
Your Democracy
Saturday, March 29, 2025 - 18:11
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Pretoria’s diplomatic tensions with Washington have worsened following the nomination of a new ambassador by US President Donald Trump, a South African legislator has said. |
